Our revised methodology more accurately ranks the top towns in the Garden State.
Do you like this story?
Click here to view the corrected full list of Top Towns
For most of us, there’s no place like home. Then again, the market for homes is not what it used to be. Falling home prices, rising taxes and the financial pressures facing most towns have reshaped the nation’s real estate landscape.
Of course, some towns are more susceptible than others to the latest shift. Our 2011 list of New Jersey’s Top Towns reflects that reality—with the state’s most affluent towns dominating the rankings. What’s more, the top-ranked towns in our list are generally in northern counties such as Bergen, Morris and Somerset, where much of the state’s wealth is concentrated. Conversely, the rural and southern counties—hard hit by job losses and foreclosures—fare poorly.
Michael Greenberg, a professor at the Bloustein School of Planning and Public Policy at Rutgers, who served as an advisor for this year’s rankings, says the results “correspond closely to the distribution of wealth to the advantaged and less advantaged—and the resources and services that go along with that.”
This year’s survey was conducted by Leflein Associates, a Ringwood-based research company; click here to view the methodology. Note that we have made some methodology changes that significantly affect the results. Several factors have been dropped since the 2010 rankings (population change; open space; joblessness), and we no longer rank towns with populations below 1,500, since it is difficult to get statistically significant data on small municipalities.
CORRECTION: The main list of Top Towns and the breakout rankings listed below have been revised to reflect a correction in the calculations for Home Values. In the original rankings, for certain towns, we inadvertently used 2011 data to determine the median property tax bill, instead of 2010 data. This made a significant difference for towns that underwent a reassessment between 2010 and 2011.
Click on the links below to view the corresponding Top Towns information:
The Top 20 Towns in New Jersey
The #1 Town: Ho-Ho-Kus
Top Towns by Region
Top Towns by Population
Most Affluent Towns
Best Bang for the Buck
Fastest Rising Home Prices
Real Estate: The New Reality
Best Places to Live: The TV Show
A Positive Approach To Senior Health
2012 Top Doctors: Professional Advisory Board
2012 Top Doctors: Methodology
2012 Top Doctors: Frequently Asked Questions
Jersey Choice: 2012 Top Doctors
When Food Bites Back: What To Do About Pesky Food Allergies
Rosie has the latest news on NJ restaurant openings and closings.
Last November, three Philly-based veterans of Stephen Starr's restaurant organization found a backer, took wing and opened District 611 in Riverton. The BYO, offering real Neapolitan-style pizza and Italian small plates, earned positive reviews, including three stars from New Jersey Monthly last month. Then four days ago, District 611 suddenly shut down. Here's why.
After a dozen installments, Pink's Peak, like the petals it pursued, reaches the end of the road...
I am often asked where the best values exist in the world of wine. After hosting a South American themed tasting over the weekend, I know what my first answer will be.